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Dec 7, 2012
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you get that money back. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcoho
you get that money back. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. and you see the woman you fell in love with. she's everything to you. but...
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Dec 6, 2012
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. >>> same-sex marriage is now legal in the state of washington. dozens of gay and lesbians got in line to pick up marriage licenses at the county courthouse of every in seattle. governors signed the measure into law yesterday. the state has a three-day waiting period. so the earliest weddings could take place over the weekend on sunday. >>> the feds are targeting a baby recliner maker after five babies died using the product. this is a new model of the nap nanny called the chill. the cpsc says the device poses substantial risk of injury and in some cases death to babies. the first two versions of the nap nanny were recalled after four deaths. the commission says it has received more than 70 reports of children nearly falling out of those recliners. >>> it's 6:20 right now. who has just been named head coach at cal. >> and it's an 18-foot fadeaway a buzzer beater that earned our play of the day. we have it coming up. >> very stormy weather around the bay area. lots of snow though in the high country if you have to get up there to ski, here's the sn
. >>> same-sex marriage is now legal in the state of washington. dozens of gay and lesbians got in line to pick up marriage licenses at the county courthouse of every in seattle. governors signed the measure into law yesterday. the state has a three-day waiting period. so the earliest weddings could take place over the weekend on sunday. >>> the feds are targeting a baby recliner maker after five babies died using the product. this is a new model of the nap nanny called the...
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Dec 21, 2012
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he is reportedly known in his home state of washington as kenneth bay a 44-year-old tour operator of north korean descent. the government is offering no other details but claims the crimes have been proven through evidence. >>> another setback for the "fiscal cliff" negotiations. house speaker john boehner couldn't round up the votes he needed to pass plan b, the gop's measure to avoid the "fiscal cliff" so he canceled the vote. plan b is designed to prevent automatic tax hikes on people making less than $1 millio a year. boehner says it's up to the president and democrats to make the next move. >>> some 800 bay area jobs are heading out of town. chevron plans to move those spots to houston over the next two years. however, it plans to keep its corporate headquarters in san ramon. the jobs are mostly technical positions dealing with information and advanced energy technologies. that part of company is based in texas. >>> the san mateo planning commission has recommended a 7- eleven store be shut down less than two weeks after it opened. the building on north san mateo drive was a lon
he is reportedly known in his home state of washington as kenneth bay a 44-year-old tour operator of north korean descent. the government is offering no other details but claims the crimes have been proven through evidence. >>> another setback for the "fiscal cliff" negotiations. house speaker john boehner couldn't round up the votes he needed to pass plan b, the gop's measure to avoid the "fiscal cliff" so he canceled the vote. plan b is designed to prevent...
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Dec 13, 2012
12/12
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he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy affecting that number. as far as retail sales go in november, we saw a pretty decent gain up 3/10ths of a percent after a similar loss the month before. better when you strip out falling gas prices. sales were up 8/10ths of a percent. wholesale side inflation fell faster than expected last month. >>> google has come back to apple as far as maps go. apple having all sorts
he has plenty of new numbers from washington and some new maps from apple and this would be jason brooks with kcbs and cbsmoneywatch.com. good morning. >> good morning. >> reporter: and we have some decent news on the economy but that's largely being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor...
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Dec 7, 2012
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. >> reporter: on the pier though, it's more like washington, d.c. tied up in politics. >> trying to hold out for a price that we can afford going to go fishing for. >> reporter: as negotiations continue and those who cross the picket line face the ire of the rest. >> that's everything that's wrong with this industry. >> it's going fishing no. >> we are going fishing. >> reporter: the crab season in oregon is expected to open next week bringing some extra inventory back down here it california. from all the predictions i've heard this should be worked out by christmas. in san francisco, anne makovec, cbs 5. >>> serious bullying charges are being made tonight by two 10-year-old vallejo girls against their school. the fifth graders tell cbs 5 that they are constantly harassed by two brothers at cooper elementary school in vallejo. they say the school is not taking their complaints seriously. they claim the boys call them sexually explicit names, grope them, even threaten them. >> he said, i know where you live and i was like, how? and at that time, i l
. >> reporter: on the pier though, it's more like washington, d.c. tied up in politics. >> trying to hold out for a price that we can afford going to go fishing for. >> reporter: as negotiations continue and those who cross the picket line face the ire of the rest. >> that's everything that's wrong with this industry. >> it's going fishing no. >> we are going fishing. >> reporter: the crab season in oregon is expected to open next week bringing some...
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Dec 6, 2012
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for cbs "this morning," chip reid washington. >>> cbs news legal analyst jack ford joins us. how can you prove defamation? >> here's what defamation is for people to understand the desks, if you will. our constitution right to free speech is not absolute. there are limitations on it. for instance, the classic one, you can't falsely yell fire in a crowded theater. falsely yell it. because obviously, you can expose people to damage. what you can offer up is your opinion about things. as long as it's clearly an opinion. what you can't do this is where you get into defamation. you can't make a false statement of fact that damages somebody's reputation. so if i wanted to say, a situation similar to this i was just not at all happy with the work that my contractor did. that's okay. that's my opinion. but if i say, i was not at all happy with the work that my contractor did and by the way my contractor is an embezzler. okay? now i've made it sound like -- or he sol jewelry or even make the argument saying he damaged my house. now you're making a statement of fact. now, the law also
for cbs "this morning," chip reid washington. >>> cbs news legal analyst jack ford joins us. how can you prove defamation? >> here's what defamation is for people to understand the desks, if you will. our constitution right to free speech is not absolute. there are limitations on it. for instance, the classic one, you can't falsely yell fire in a crowded theater. falsely yell it. because obviously, you can expose people to damage. what you can offer up is your opinion...
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Dec 7, 2012
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norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly vulnerable japan is to an assortment of natural disasters. memories of that triple tragedy in 2011 are vivid for all of us, but especially up in the northeastern coast of japan, which has yet to rebuild since last year's tragedy. here in tokyo, the 7.3 magnitude earthquake rattled windows and shook walls for several minutes. buildings swayed but there were no immediate reports of damage or death. there were ten injuries. off the northeast coast. sirens blaired as officials issued immediate warnings for residents to escape to higher ground. >> t
norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly...
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Dec 25, 2012
12/12
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. >> we can afford it of course because washington is in such good shape. gerri: that is rulou shape. gerri: that is ridiculous. i'm still reeling from this last fact. thank you so much for coming on, great to see you. santa isn't the only one with a list. consumer reports put out their third annual naughty and nice list highlighting company practices.d to which companies are getting coal in their stockings this year? with me now, executive director at consumer reports. >> hi, gerri. gerri: always great to see you.d we love your naughty and nice list. i have followed it for a number ofth years. who is number one? >> the naughty list not meant tu talk about companies in general, but talk about specific policies of these companies. on the naughty list is highlighting a policy for this year we have to airlines on the naughty list, don't think we've ever had a year withouten at let one airline on the naughty list. delta airlines on there, pretty bge difference between the refundable and nonrefundablend fares. one of the reporters buying up super saver nonrefund
. >> we can afford it of course because washington is in such good shape. gerri: that is rulou shape. gerri: that is ridiculous. i'm still reeling from this last fact. thank you so much for coming on, great to see you. santa isn't the only one with a list. consumer reports put out their third annual naughty and nice list highlighting company practices.d to which companies are getting coal in their stockings this year? with me now, executive director at consumer reports. >> hi,...
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Dec 10, 2012
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it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do, whether we get a deal or not? are there two completely different strategies? >> there is various things on a similar attitude. big is not always good. i think what we are doing is consolidating and moving towards a smaller environment. i think we have smaller investors who can deliver returns. >> what do you mean by that? types of funtds they are investing in. >> that's correct. i will see many professionals from wall street leaving this side of the business. south side of the business and go to the buy side of the business. and expressing their invest many in the criteria. >> they have what kind of outcome or compr
it seems to me that washington has a way of doing business and washington will continue to change the way -- or continue to do business the way they have always done it. where is us and wall street, we have to change the way we do business. >> so you don't see a big crash in markets as a fall off the cliff. >> no. i see opportunities for people who are less patient. no, i see it all going down. >> where are your clients moving their money? what are you advising them to do,...
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Dec 14, 2012
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tony little is coming on next on why washington dc needs work out a deal. till then, do not treadmill on me. >> this is a test neil: time is running out and washington is still trying to get a deal done. we have superstar tony little. it is great to have you back, tony. to i want to be a superhero like you were. neil: you already make me look bad. [laughter] neil: this is why i hook up with people like us. tony, is it your sense -- i see a lot of your work and what you do and how you motivate people, it is all about getting in the moment and getting in the zone. but in washington, they are nowhere near that. how would you bring them back? >> they are definitely not in the conceive and believe and achieve mode. [applause] >> i will get what they are dealing with. it is a product in the plan. it is a combination of tax increases. decreasing spending,. [talking over each other] [talking over each other] >> we are forgetting the customer. it doesn't matter if you are president obama or republicans, we are forgetting about the people. that is what you can't forg
tony little is coming on next on why washington dc needs work out a deal. till then, do not treadmill on me. >> this is a test neil: time is running out and washington is still trying to get a deal done. we have superstar tony little. it is great to have you back, tony. to i want to be a superhero like you were. neil: you already make me look bad. [laughter] neil: this is why i hook up with people like us. tony, is it your sense -- i see a lot of your work and what you do and how you...
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Dec 6, 2012
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come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger than it was in a decade, autos back incredibly robust. and that's just the beginning. because all the pent up demand. we're running short of office buildings, shopping centers, apartments, homes, these are the hiring sectors, all this blather about helping the small businessman of subchapter "s" for private and middle class, you want to help them? give them a deal, any deal, just get out of our way for heaven sakes. our country is starting to get so competitive, again, that business is building things over there now want to build them there. tim cook tells brian williams that his company's going to make macs in this country. we're better than kmochina. meanwh
come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger than it was in a decade, autos back incredibly robust. and that's just the beginning. because all the pent up demand. we're...
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Dec 8, 2012
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the only reason they would is if washington completely because this. at this point i don't think that's going to happen. >> susie: how do you think the federal reserve is going to read in today's jobs report. they're meeting on tuesday as you know. do you think it's going to trigger any new response from the fed? >> well, as you know the fed's on high alert. they've got their foot to the accelerator. they're using open ended buying bonds and they're going to up the ante i think at the next meeting in the coming week. operation twist ends and they're going to start rolling that into this quantitative even process. so a lot of bond purchases. i think they're going to continue to do that until unemployment is moving definitively lower and is much lower than it is today. and most importantly, they're going to wait and see how these things go in washington. they're very nervous that policy makers aren't going to get this right. so as long as washington's bitter i think they're going to be in high alert. >> susie: thanks a lot mark, great talking about you.
the only reason they would is if washington completely because this. at this point i don't think that's going to happen. >> susie: how do you think the federal reserve is going to read in today's jobs report. they're meeting on tuesday as you know. do you think it's going to trigger any new response from the fed? >> well, as you know the fed's on high alert. they've got their foot to the accelerator. they're using open ended buying bonds and they're going to up the ante i think at...
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Dec 14, 2012
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tony little is coming on next on why washington dc needs work out a deal. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stach conditions may still exist. talk to your doctor abt nexium. man: constant tingling in my toes. woman: i had double vision. woman: they said, "you have multiple sclerosis man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. man: a symptom may cause you not to be able to do that anymore, and at oneoint, i was able to do any of those. man: since i've been cycling, it's definitely helped my walking. woman: it's a fantastic opportunity to be working together with a common goal of curing ms, and sharing is the key. neil: time is running out and washington is still trying to get a deal done. we have superstar tony little
tony little is coming on next on why washington dc needs work out a deal. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stach conditions may still exist. talk to your doctor abt nexium. man: constant tingling in my toes. woman: i had double vision. woman: they said, "you have multiple...
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Dec 1, 2012
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.," washington. >> tom: many companies aren't waiting on washington to reach an agreement on taxes and spending. they're taking action now to pay shareholders, by declaring special dividends. today, whole foods became the latest in a slew of firms opting for one-time payouts. suzanne pratt reports on what's behind these investor pay-days. >> reporter: costco is doing it. brown forman-- the maker of jack daniels and finlandia is also doing it. today, even whole foods is finding it appetizing. they've all announced special dividends, eager to reward their shareholders with a nice check before expected tax increases happen next year. >> current law says that qualified dividend income tax rates are at 15%. and, if no legislation is passed between now and then end of the year, those rates would go up to as high as 43.4%. >> companies just want to pass along these dividends. it's a thank you to shareholders. it sparks interest in their stock. >> reporter: according to s&p, this month alone 216 companies have declared special dividends. last november only 72 firms decided to make similar payo
.," washington. >> tom: many companies aren't waiting on washington to reach an agreement on taxes and spending. they're taking action now to pay shareholders, by declaring special dividends. today, whole foods became the latest in a slew of firms opting for one-time payouts. suzanne pratt reports on what's behind these investor pay-days. >> reporter: costco is doing it. brown forman-- the maker of jack daniels and finlandia is also doing it. today, even whole foods is finding...
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Dec 17, 2012
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a bold move by the fed, a standstill in washington, and the fiscal cliff moves ever closer. my talk with the man behind the no tax increase plan, what grover norquist thinks what will happen next. is he a big loser in the negotiations? why companies may be looking for the art history major rather than an engineering one. "wall street journal report" begins right now. >> this is america's number one financial news program. "the wall street journal report." now maria bartiromo. >> here is a look at what's making news as we head to a new week on wall street. the federal reserve goes where it's never gone before. at its meeting this week, the fed's open market committee announced a new target that it will keep interest rates low until the unemployment rate hits 6.5%. that's the target. that's the first time it has linked employment to interest rates. the fed also announced a plan to continue buying $40 billion a month in bonds to keep interest rates low. but, of course, the big news was about those jobs. >> the conditions now prevailing in the job market represent an enormous wa
a bold move by the fed, a standstill in washington, and the fiscal cliff moves ever closer. my talk with the man behind the no tax increase plan, what grover norquist thinks what will happen next. is he a big loser in the negotiations? why companies may be looking for the art history major rather than an engineering one. "wall street journal report" begins right now. >> this is america's number one financial news program. "the wall street journal report." now maria...
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Dec 24, 2012
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lori: the dow closed down 50 points largely due to preparation from washington. she is a daily deal sites are falling today. let's go back to nicole at the new york stock exchange for more. nicole: we're taking a look at group on down 4% today, still under pressure after they made an acquisition. $4.63 per share, they have acquired commerce interface. the company which they have been working since the middle of 2012, april 2012 in order to streamline some of the operations. it is technology management, a way they can work with some of the thousands of existing vendors, supposedly will help them to better support the merchants overseas going forward and give them exclusivity with this particular company but this acquisition today puts them under pressure about 4% and that is why you're seeing it down about $0.19. merry christmas, everybody. david: ilog one of my groupon things to expire. it is not a total loss. lori: it is not front and center in people's priority list. david: s&p futures are closed right now. that's about to larry at the cme to see how things mig
lori: the dow closed down 50 points largely due to preparation from washington. she is a daily deal sites are falling today. let's go back to nicole at the new york stock exchange for more. nicole: we're taking a look at group on down 4% today, still under pressure after they made an acquisition. $4.63 per share, they have acquired commerce interface. the company which they have been working since the middle of 2012, april 2012 in order to streamline some of the operations. it is technology...
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Dec 21, 2012
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the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows were down 3%. in the s&p. so we closed down about 1% here and so here's a situation where i think the options market kind of has this a little bit. the six futures curve started ticking up earlier in the week in kind of a precursor to some of the equity weakness we saw today. in a lot of senses a pretty quarterly sellover. >> i agree with that. one of the things we saw in the options market. we've spoken about this many times. there are holidays coming up, if you back the holidays out, we're expecting greater than expected volatility at a time when
the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows...
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Dec 7, 2012
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also, according to reports, the washington post may be closer to charging customers to read artcles online. tim mulholland of china-america capital joins us on this jobs friday. tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed
also, according to reports, the washington post may be closer to charging customers to read artcles online. tim mulholland of china-america capital joins us on this jobs friday. tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get....
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Dec 10, 2012
12/12
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i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know i
i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what...
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Dec 22, 2012
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i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their ams arund this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looing at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when th can least afford it. there a lot of tax increases are going to hit this economy hard. we need to b
i do want to talk about all this hotter in washington. she said republicans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if you read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a...
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but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of that? >> the president has been very clear. he is hell-bent to raise taxes massively on those very wealthy folks made making over $250,000. bearer 80% of small businesses, in and exactly the time when we are depending on them to create two thirds of the new jobs in our country desperately needs. gerri: the republicans are in the way of a settlement. i want to hear what he said today. here is the president. >> we can probably solve this in a week. it is not that tough. but we need that conceptual breakthrough that says that we need t
but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of...
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Dec 13, 2012
12/12
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MSNBCW
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lawmakers plan to spend the holidays if washington. >> the president seems to be walking us ever so slowly toward the cliff. we've said we're committed to staying here. we're going to stay here right up until christmas eve throughout the time and period before the new year. because we want to make sure we resolve this. >> one thing that is clear, the american people want to send -- see an end to the standoff over the fiduciary fiasco by news years day. a majority of all democrats and republicans say they would like their leaders to compromise, even if it means giving ground on long held party positions. expectations are in check. 48% to 48% whether a deal will actually get done. if there's no agreement, 56% say both sides will be to blame. 24% say it will be the republicans' fault and 19% will point the finger at the president. twice as many people said they trusted obama's hand willing of the fiasco. talks as opposed to boehner although 29% trusted neither. one thing that could embolden the president during his negotiations is his job approval numbers. now at 53%, it's the highest approva
lawmakers plan to spend the holidays if washington. >> the president seems to be walking us ever so slowly toward the cliff. we've said we're committed to staying here. we're going to stay here right up until christmas eve throughout the time and period before the new year. because we want to make sure we resolve this. >> one thing that is clear, the american people want to send -- see an end to the standoff over the fiduciary fiasco by news years day. a majority of all democrats...
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Dec 28, 2012
12/12
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KTVU
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everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you anticipate for the friday trade? > > i certainly think that we will see more lower prices in the market. the s&ps last week went below 1400, this past week. we have seen that, and i think that really shows us that we're going to see more trade below 1400 in the s&ps, so that is really what i'd watch for. > what about the volume? will it be there today? > > i think as long as this fiscal cliff sits in front of us, that is going to be there. the volume will die down when this situation dies down. it won't die down right away, but once this dies down and we get this behind us, that
everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you...
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Dec 7, 2012
12/12
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KBCW
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washington is the first state in the country to legalize the drug for recreational use. this is where you cheer or boo. but as john blackstone temperatures us, even those who must enforce the law are foggy on details. >> reporter: at seattle police headquarters given the task of explaining the new marijuana law. what do you call it? >> marijwhatnow. it's a guide. >> reporter: a lot of people are saying that. it will take a year for the state to write regulations for selling marijuana legally. that leaves confusing gaps. it's still illegal to smoke pot publicly. you can possess it. you can buy it, but nobody is allowed to sell it. nobody is allowed to grow it right now either. how do you get legal pot? >> i couldn't tell you. >> reporter: the new law passed with 56% of the vote. supporters say it will save police and courts time and money. since 2001 more than 130,000 people have been arrested in washington state for marijuana possession. legal marijuana sales could generate washington $500 million a year in taxes and business. opponents worry legalization will lead to mo
washington is the first state in the country to legalize the drug for recreational use. this is where you cheer or boo. but as john blackstone temperatures us, even those who must enforce the law are foggy on details. >> reporter: at seattle police headquarters given the task of explaining the new marijuana law. what do you call it? >> marijwhatnow. it's a guide. >> reporter: a lot of people are saying that. it will take a year for the state to write regulations for selling...
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Dec 5, 2012
12/12
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CNBC
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i'll tell you what, maria, i'm not sure what's going on in washington. i'm not sure who those republicans are. i'm not so sure on whether the fiscal conservatives in the party know something about some big reforms on medicare and medica medicare, social security is, any of the retirement or tax issues, but i'll tell you this. i think that all these stories aren't necessarily going lead us to the truth. i personally have a very size way i'm approaching this. the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what
i'll tell you what, maria, i'm not sure what's going on in washington. i'm not sure who those republicans are. i'm not so sure on whether the fiscal conservatives in the party know something about some big reforms on medicare and medica medicare, social security is, any of the retirement or tax issues, but i'll tell you this. i think that all these stories aren't necessarily going lead us to the truth. i personally have a very size way i'm approaching this. the president is supposed to leave...
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Dec 6, 2012
12/12
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CNBC
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i think if there's absolute gridlock in washington -- and right now washington seems to be on another planet. all of us in the markets, people at home, people in the country want republicans and democrats to work together. everyone seems to want that except for republicans and democrats. if they really are as far apart as they seem at times, we could shoot ourselves in the foot. >> i think most of us wish that washington were on another planet. and that we could just take the whole group and ship them there. since we can't do that, however, i think if we do get two weeks or a month worth of argument that results in the fiscal cliff being -- that we fall off the cliff, then you are going to start seeing layoff notices and the rest. fortunately, i would say we're going to accelerate that unemployment and the job loss, unfortunately, if that happens. and that's going to result in warnings going forward from all the major industrial companies, as well. that's what i hope washington is listening to, and that's why i hope they turn away from that. >> absolutely. i agree completely. i was de
i think if there's absolute gridlock in washington -- and right now washington seems to be on another planet. all of us in the markets, people at home, people in the country want republicans and democrats to work together. everyone seems to want that except for republicans and democrats. if they really are as far apart as they seem at times, we could shoot ourselves in the foot. >> i think most of us wish that washington were on another planet. and that we could just take the whole group...
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Dec 17, 2012
12/12
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CNBC
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we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back. shares of sprint today dropping today after the telecom giant announced the remaining stake it does not own. sprint is one of the best performing stocks in the s&p 500 this year. is there still room to run for the stock or are you better off with larger competitor verizon? on
we'll look at those deal meetings in washington. stay with us. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national....
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Dec 24, 2012
12/12
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KTVU
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moments after president obama was declared the victor, the money struggle in washington stole the spotlight as lawmakers debated over how to avert the fiscal cliff. mother nature took a toll on several parts of the country this year. superstorm sandy ripped through the northeast in late october, leaving a trail of damage along the way. the storm racked up damage of around $60 billion, making it the second most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed houses and businesses on the east coast, leaving millions without power. just months earlier, crop prices shot up following a massive drought that hit the midwest and some northern states. weeks without rain sent corn and soybean prices sky-high. it was estimated that the drought was the worst in nearly a quarter of a century. 2012 was not without its controvesies. trading scandals rocked the news, highlighted by jpmorgan chase. the big bank lost more than $2 billion in what was called "a trading debacle." ceo jamie dimon took a trip to capitol hill for a testimony where he told senators that the indus
moments after president obama was declared the victor, the money struggle in washington stole the spotlight as lawmakers debated over how to avert the fiscal cliff. mother nature took a toll on several parts of the country this year. superstorm sandy ripped through the northeast in late october, leaving a trail of damage along the way. the storm racked up damage of around $60 billion, making it the second most expensive storm ever for the u.s., following hurricane katrina. the storm destroyed...
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Dec 4, 2012
12/12
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CNBC
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jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good network on the hill. i think they're going to have some kind of staged in agreement and then agree to attack the entitlement situation in the new year. >> michael, what do you make of what's going on? how do you try and trade this? at least we had some volatility the traders could trade on. now we don't have that. >> i think the lower volatility is telling you this is an extremely resilient stock market. i've been calling this the rocky balboa stock market. the entire scenario playing out is the fiscal cliff ends up being bullish no matter what. spending cu
jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good...
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there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping nearly p 3% to settle at $32.81 an ounce. david: markets hopping, but the next trader says investor participation is shifting. in chicago, larry, the key question here is what happens when the market gets off its hind legs and moves? move up or down? >> it all depends on what happens with the fiscal cliff. right now, there's boehner yelled out by his own party, the conservative part
there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after...
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Dec 31, 2012
12/12
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CNBC
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there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes to the blue chips, there was some flip-flopping going on. the biggest gainer last year, the biggest dog of the dow. bank of america. doubled in price this year as the bank improved its financial footing. home depot and disney all saw strong earnings. consumers proved resilient in 2012. jpmorgan another of last year's dogs round out the top five with all big double digit percentage increases. if you look at the numbers, bank of america up a whopping 108%. home depot up 46%. now, hewlett-packard, the dow's second biggest loser in 2011 is this year's worst perform
there'll be more coming out of washington. in the meantime, we just closed out the trading year for 2012. as the dust settles, courtney reagan now breaks down what was i would say among the developed markets a pretty good year for stocks. >> not that bad. lots of green. we're ending on a high note today. all three indexes closing up today and for 2012. the nasdaq the biggest winner. up almost 16%. the s&p notches a 13.4% gain. and the dow up 7.3% for 2012. when it comes to the blue...
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Dec 7, 2012
12/12
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CNBC
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know, catastrophic news out of any part of the world or washington. >> do doors start to open a little bit? i keep hearing 1419, 1420. is there anything special about it? >> you could get into the technical range. that's a level people would to hit or head a few times or barack through it. i don't think we'll have enough fuel to burst through the tank but perhaps we'll see something. >> joe, have a good weekend. >> thanks. >> that does it for us here on a friday morning. let's get back to headquarters. wapner and the fast money half time. >> here is where we stand. take a look at the nasdaq right here in the red as we speak. here's what we're following on halftime today. on notice, netflix's boss reed hasting gets a warning from the s.e.c. what does it mean for the beaten down stock and the company's future? >>> food fight. mcdonald's shares looking golden to one wall street firm. our buyer and seller square off in a super-sized debate. but first our top story, apple's rotten week. the stock's on track to have its worth week in 2 1/2 years. all told more than $40 billion in market cap
know, catastrophic news out of any part of the world or washington. >> do doors start to open a little bit? i keep hearing 1419, 1420. is there anything special about it? >> you could get into the technical range. that's a level people would to hit or head a few times or barack through it. i don't think we'll have enough fuel to burst through the tank but perhaps we'll see something. >> joe, have a good weekend. >> thanks. >> that does it for us here on a friday...
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Dec 2, 2012
12/12
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CSPAN2
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clients, in this particular collection and the washington quarters are $119. >>guest: coin collecting thing the biggest you get 90 sets down to 89 sets, this is been the most popular. we do have 88 sacks. 20 years--sets you will be $8 a set . here is the 1976 and that is all of those coins . almost $4 face value. you have to dollar coins , $3.50 coins , $3.82 face value. $15 apiece because these are gem brilliant from 1976, you pay 75¢ a coin. kennedy have dollars i have fully 77 of these available it will go very quickly. the last year of issue of regular washington quarter and 1998 because she went to state water after% that is the last united states washington corps that has the equal of the reverse3 the philadelphia minted coin in denver minted coins with the particular set , a very desirable 70¢, have lots of people on the phone and have never3 price break.over $600 if purchased separately. >>host: more people in the order in process than we do haveble there is a counter at the bottom 70 that for sellout, 214 points coming3 over a $600 value coined by q
clients, in this particular collection and the washington quarters are $119. >>guest: coin collecting thing the biggest you get 90 sets down to 89 sets, this is been the most popular. we do have 88 sacks. 20 years--sets you will be $8 a set . here is the 1976 and that is all of those coins . almost $4 face value. you have to dollar coins , $3.50 coins , $3.82 face value. $15 apiece because these are gem brilliant from 1976, you pay 75¢ a coin. kennedy have dollars i have fully 77 of...
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Dec 7, 2012
12/12
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CNBC
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. >> no news is bad news in the case of washington. we're watching this fiscal cliff thing so carefully. let me play the sound bite so you can see the dour expression on speaker boehner's face as he talked to reporters early this afternoon. >> this isn't a progress because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> so we all also from nancy pelosi, the democratic leader in the house of representatives earlier today. she came before cameras also, no news from her had as well. holding pattern here in washington. rhetoric is pretty heated on both sides. you heard boehner there saying the president has wasted a week here. but behind the scenes, aides did give us some indication they'll continue to talk through the weekend so i think what's going on here is you're seeing the public blast of ret lick but behind the scenes they are talking to each other. i think the talks are fair le well coordinated. you can tell that by ho
. >> no news is bad news in the case of washington. we're watching this fiscal cliff thing so carefully. let me play the sound bite so you can see the dour expression on speaker boehner's face as he talked to reporters early this afternoon. >> this isn't a progress because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> so we all also from nancy pelosi, the...
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Dec 26, 2012
12/12
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FBC
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washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology potentially lower prices as automakers continue to fight for market share. we continue "countdown to the closing bell" with ashley webster. ashley: let's go to nicole petallides at the floor of the new york stock exchange. shares of rim, research in motion. rim it is for real. shares of research in motion. research in motion has been beaten down the past couple of sessions. concerns of a new structure put in effect, and what they were going to do is use a tear factor, those tiers, is unclears unclear how they were going to break down. it contributes to the research in motion
washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology...